https://completemarkets.com/company/brownandriding/apartment-building-insurance/
Brown & Riding offers a competitive and flexible Apartment Building Insurance program designed specifically for surplus lines placements. As a trusted general agency and excess & surplus lines broker, Brown & Riding provides access to A-rated carriers and delivers some of the most competitive coverage solutions available in the E&S marketplace.
Ideal Accounts and Appetite
Apartment buildings and complexes with up to 1,000 units and multiple locations
Student housing and subsidized housing placements
Properties with amenities such as pools, playgrounds, and recreational areas
Accounts requiring Assault & Battery coverage
Locations needing Hired & Non-Owned Auto Liability
Older or historic buildings that still meet underwriting standards
Ineligible Risks
Adult foster care or assisted living facilities
Properties with armed security personnel
Buildings with less than 75% annual occupancy
Pools equipped with diving boards
Coverage Highlights and Advantages
Access to A-rated surplus lines carriers
Highly competitive pricing and terms
Quick quote turnaround when ACORD and supplemental apps are completed
Special form and replacement cost coverage available
Monoline coverage options available for flexibility
Excess limits offered for larger or more complex risks
Underwriting Notes and Minimum Premiums
Minimum premiums start at $500 for General Liability and $1,250 for Package policies. Risks must meet basic eligibility criteria, including occupancy thresholds and acceptable property conditions. Older buildings can be considered with proper maintenance and updates.
Territories and Availability
This program is available on a non-admitted basis across a wide footprint, including AL, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, DC, WV, WI, and WY.
Why Work With Brown & Riding
Brown & Riding is a nationally recognized wholesale brokerage known for its deep expertise in niche property and casualty placements. Their Apartment Building Insurance program stands out for its broad eligibility, flexible coverage options, and fast, reliable service. Whether you're placing a student housing complex near a university or a subsidized housing facility with multiple locations, Brown & Riding can help you secure the right solution with confidence.
Frequently Asked Questions
What types of accounts are a good fit for this program?Ideal accounts include multi-location apartment complexes, student housing, subsidized housing, and properties with amenities like pools or playgrounds.
Are older apartment buildings eligible for coverage?Yes, older properties are eligible as long as they meet underwriting standards and are properly maintained.
Is monoline coverage available?Yes, monoline options are available, providing flexibility for agents who need to write either property or liability on a standalone basis.
What is the turnaround time for quotes?Quotes can be turned around quickly when both ACORD and supplemental applications are fully completed and submitted.
Can I place risks in all states?The program is available in most states on a non-admitted basis, including over 45 states and Washington, D.C.
Need help placing an account? Connect with a market specialist.